SF Holdings has been listed in Hong Kong for the second time and submitted its IPO application to the HKEx today.

Thanks to CTOnews.com netizen aviation gentleman, lemon_meta clue delivery! CTOnews.com August 21 news, According to the Hong Kong Stock Exchange documents show, Shunfeng Holdings Co., Ltd. to the Hong Kong Stock Exchange IPO application, Co-sponsors for Goldman Sachs, Huatai International, JP Morgan Chase.

The shares issued this time are overseas listed foreign shares (H shares) listed on the main board of the Hong Kong Stock Exchange, all of which are ordinary shares; the par value is indicated in RMB and subscribed in foreign currency, and the par value of each share is RMB1. The number of H shares proposed to be issued this time shall not exceed 10% of the total share capital of the Company after this issuance, and the overall coordinator shall be granted an over-allotment right not exceeding 15% of the number of H shares issued as mentioned above.

According to the previous report of Interface News, Wang Wei, chairman and CEO of Shunfeng Holdings, said at the recent shareholders 'meeting: "Although we have made some investments before, I think it is far from enough. If the company can be listed in Hong Kong shares, there will be more opportunities, so this is necessary. "Because at present express industry friends have Hong Kong stock listing plan," So we want to get the initiative, This is the most important."

According to CTOnews.com previously reported, in February 2017, Shunfeng Holdings successfully listed in A shares "backdoor," since then implemented two refinancing, raising a total of 25.8 billion yuan.

According to the operation report of express logistics business of Shunfeng Holdings in July 2023, the total revenue of express logistics business, supply chain and international business was 19.581 billion yuan; the business volume of express logistics excluding Fengwang increased by 7.68% year-on-year, and the year-on-year decrease of supply chain and international business revenue was mainly affected by the year-on-year decline of international air and sea transportation demand and price.